China’s hybrid “state capitalist” system, driven by centralized planning and fierce competition, has led to dominance in critical technological fields and emerging markets. Western multinational corporations are advised to adopt a pragmatic approach to capitalize on four key strengths of China’s economy: its innovation ecosystem, its investment in the Global South, its ultra-competitive markets, and its vast consumer base. Those who fail to engage risk losing global revenue and strategic opportunities.
The 4 Key Strengths of China’s Economy — and What They Mean for Multinational Companies
Tag: Original equipment manufacturers
Littoral Combat Ship Still Fighting to Prove Its Worth
The Littoral Combat Ship was meant to start the Navy’s operational renaissance. But a chorus of naysayers and critics have put service leaders on the defensive, insisting that the troubled program has turned a corner.
Littoral Combat Ship Still Fighting to Prove Its Worth
They’ve increased the crew size and have been training them to maintain the ships themselves rather than relying on the original contractors.
Related:
The Littoral Combat Ship: How We Got Here, and Why (PDF)
USNI Proceedings Podcast – Littoral Combat Ships: How the Navy is Employing Them (Ted LeClair, Marc Crawford, Mark Haney)
Previously:
The Inside Story of How the Navy Spent Billions on the “Little Crappy Ship”
The Navy just launched a brand new ship it doesn’t even want
Sidelined on UAW strikes, Biden White House talks economic aid
WASHINGTON, Sept 19 (Reuters) – As the UAW strike enters its fifth day, the Biden administration is hobbled by a lack of legal authority to steer the talks and difficulty in figuring out UAW President Shawn Fain’s negotiating strategy and leadership style, three sources said.
Sidelined on UAW strikes, Biden White House talks economic aid
Big Tech Is Watching You as You Drive
After years of failed promises on transit, Silicon Valley is loading cars with new technologies to get a cut of the profits—and to collect data on us.
Big Tech Is Watching You as You Drive (archived)
US defense industry delegation arrives in Taiwan
TAIPEI (Taiwan News) — A delegation of 25 American defense industry representatives, including members from the U.S.-Taiwan Business Council, has arrived in Taiwan ahead of the Taiwan-U.S. Defense Industry Cooperation Forum on Wednesday (May 3).
US defense industry delegation arrives in Taiwan
Related:
China says Taiwan inviting ‘wolves’ with US defense industry forum